Market sentiment is improving as @realDonaldTrump softens his stance on tariffs, easing inflation concerns, and calls for Fed rate cuts.
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This is boosting both US stocks $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ $E-mini S&P 500 - main 2506(ESmain)$ $Micro E-mini S&P 500 - main 2506(MESmain)$ and Bitcoin $Bitcoin(BTC.USD.CC)$ $Grayscale Bitcoin Mini Trust(BTC)$ $BTC Digital(BTCT)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $WisdomTree Bitcoin Fund(BTCW)$ $NEOS Bitcoin High Income ETF(BTCI)$ $BIT Mining(BTCM)$ $CME Bitcoin - main 2503(BTCmain)$ .
For $BTC, the rebound trend continues, with short-term buyers active.
Easing tariffs and a potential Ukraine ceasefire could strengthen the rebound further.
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Additionally, he introduced DOGE, another strategic move.
ow I see a market recovery as more likely.
The $S&P 500(.SPX)$ is entering a recovery phase based on the Fibonacci chart, the $Cboe Volatility Index(VIX)$ has collapsed and returned to a contango state, and the Drill Baby Drill movement has increased oil reserves, lowering its price and reducing production and transportation costs.
Finally, no president wants to govern with markets in the red—especially Trump, whose entire brand is built on making America "great again."